Shareholders of LuLu Retail Holdings have approved a dividend of Dh 361.5 million (₹820 crore) for the second half of 2025, taking the total payout for the full year to Dh723 million (₹1,640 crore).
The approval came at the company’s annual general meeting (AGM) held on April 23, reflecting investor confidence in the group’s performance and long-term growth strategy.
The last entitlement date for the dividend is May 1, with payment scheduled for May 23.
For the financial year ended 2025, LuLu Retail reported record revenue of $7.9 billion, marking a 4.1 percent year-on-year increase. The growth highlights sustained operational strength across its key Gulf markets.
The AGM was the company’s second since its listing on the Abu Dhabi Securities Exchange in November 2024. All resolutions placed before shareholders were approved unanimously.
Chairman Yusuff Ali MA said the performance reflects the resilience of the business model and continued trust among customers, partners and investors.
The group reported steady like-for-like growth across existing stores, supported by merchandising strategies, targeted promotions and improved customer experience.
Expansion across GCC markets, stronger supplier partnerships and cost efficiencies contributed to higher profitability.
The company also stepped up its digital and omnichannel strategy, with e-commerce channels contributing a rising share of overall sales. Investments in private labels and sourcing capabilities helped improve margins and product differentiation.
Chief executive officer Saifee Rupawala said the focus remains on building a scalable retail platform that integrates physical stores with digital capabilities.
LuLu Retail said it will continue to invest in technology, supply chain and customer experience to drive future growth and enhance shareholder value.
With a strong balance sheet and expansion strategy, the group aims to consolidate its leadership position across the Gulf retail market.
